Micron Stock Drops Amid Concerns Over Potential Shift in Memory Chip Demand

Micron Technology (NASDAQ: MU) stock fell by 2% on June 29, 2026 due to concerns over potential shifts in demand for DRAM and NAND memory chips. The drop was triggered by reports that Apple is seeking U.S. government approval to source cheaper DRAM from Chinese supplier CXMT instead of Micron or Sandisk.

By Rich Smith, The Motley Fool Mon, June 29, 2026 at 8:09 PM GMT+3 3 min read · Yahoo Finance · June 29, 2026, 17:09 UTC

Micron Stock Drops Amid Concerns Over Potential Shift in Memory Chip Demand

Tickers: $AAPL $MU $SNDK

Topics: Apple CXMT DRAM memory market Micron NAND

Read the full article at Yahoo Finance

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